Vault-13

DIREXION SHS ETF TR LABU

DAILY S&P BIOTCH · ETP · CUSIP 25460G120

32 institutional holders +3 vs Q1 2026
197,034197.0k shares reported held*
$57.6mreported value*
11 new 4 added 13 reduced 8 sold out net sold ≈ $42.0m (-144.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $292.09. Options: 3 managers hold calls ($155.8m notional), 4 hold puts ($231.2m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q4 23: 38Q1 24: 31Q2 24: 33Q3 24: 40Q4 24: 34Q1 25: 30Q2 25: 30Q3 25: 35Q4 25: 36Q1 26: 29Q2 26: 3232Q4 23Q2 24Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 202338
Q1 202431
Q2 202433
Q3 202440
Q4 202434
Q1 202530
Q2 202530
Q3 202535
Q4 202536
Q1 202629
Q2 202632

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 20 bought or addedQ3 24: 21 cut or sold outQ4 24: 19 bought or addedQ4 24: 21 cut or sold outQ4 24Q1 25: 12 bought or addedQ1 25: 19 cut or sold outQ2 25: 21 bought or addedQ2 25: 16 cut or sold outQ2 25Q3 25: 20 bought or addedQ3 25: 18 cut or sold outQ4 25: 16 bought or addedQ4 25: 22 cut or sold outQ4 25Q1 26: 13 bought or addedQ1 26: 22 cut or sold outQ2 26: 15 bought or addedQ2 26: 21 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242021
Q4 20241921
Q1 20251219
Q2 20252116
Q3 20252018
Q4 20251622
Q1 20261322
Q2 20261521

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300mQ3 25 calls: $109.0mQ3 25 puts: $74.3mQ3 25P/C 0.68Q4 25 calls: $145.2mQ4 25 puts: $148.5mQ4 25P/C 1.02Q1 26 calls: $184.7mQ1 26 puts: $155.8mQ1 26P/C 0.84Q2 26 calls: $155.8mQ2 26 puts: $231.2mQ2 26P/C 1.48
Numbers
QuarterCallsPutsP/C
Q3 2025$109.0m$74.3m0.68
Q4 2025$145.2m$148.5m1.02
Q1 2026$184.7m$155.8m0.84
Q2 2026$155.8m$231.2m1.48

Biggest buyers

GTS SECURITIES LLC New +17,460+17.5k
JANE STREET GROUP, LLC New +1,921+1.9k
Valued Retirements, Inc. New +1,555+1.6k
Simmons Bank New +1,195+1.2k
SBI Securities Co., Ltd. Added +1,100+1.1k
Variant Private Wealth, LLC New +1,093+1.1k
CIBC Bancorp USA Inc. Added +1,000+1.0k
MILLENNIUM MANAGEMENT LLC New +1,000+1.0k
TWO SIGMA SECURITIES, LLC Added +944+944
Walleye Trading LLC Added +393+393

Biggest sellers

Jump Financial, LLC Sold out -55,659-55.7k
GOLDMAN SACHS GROUP INC Reduced -42,342-42.3k
Tower Research Capital LLC (TRC) Reduced -21,368-21.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -17,572-17.6k
XTX Topco Ltd Reduced -13,402-13.4k
HRT FINANCIAL LP Sold out -7,180-7.2k
Belvedere Trading LLC Sold out -6,501-6.5k
IMC-Chicago, LLC Sold out -1,558-1.6k
McGuire Investment Group, LLC Reduced -1,340-1.3k
Spire Wealth Management Reduced -1,105-1.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $83.1m284.4k shares
CITADEL ADVISORS LLC Reduced $46.8m160.2k shares
JANE STREET GROUP, LLC Reduced $25.9m88.8k shares

Biggest puts

CITADEL ADVISORS LLC Added $89.6m306.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $80.8m276.7k shares
JANE STREET GROUP, LLC Added $59.9m205.2k shares
Walleye Trading LLC Unchanged $788.7k2.7k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 58,63458.6k $17.1m $17.1m 0.00% Reduced -42.3k -42,342
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 49,47849.5k $14.5m $14.5m 0.01% Reduced -17.6k -17,572
3 Tower Research Capital LLC (TRC) 0.15% of their portfolio NEW YORK, NY 21,55121.6k $6.3m $6.3m 0.15% Reduced -21.4k -21,368
4 GTS SECURITIES LLC 0.11% of their portfolio NEW YORK, NY 17,46017.5k $5.1m $5.1m 0.11% New
5 TWO SIGMA SECURITIES, LLC 0.15% of their portfolio NEW YORK, NY 6,0646.1k $1.8m $1.8m 0.15% Added +944 +944
6 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 5,2515.3k $1.5m $1.5m 0.00% Reduced -1 -1
7 McGuire Investment Group, LLC 0.13% of their portfolio WAKEFIELD, RI 5,2235.2k $1.5m $1.5m 0.13% Reduced -1.3k -1,340
8 CIBC Bancorp USA Inc. 0.00% of their portfolio CHICAGO, IL 4,7504.8k $1.4m $1.4m 0.00% Added +1.0k +1,000
9 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 4,2254.2k $1.2m $1.2m 0.01% Unchanged
10 Ethos Financial Group, LLC 0.06% of their portfolio KING OF PRUSSIA, PA 3,3153.3k $968.3k $968.3k 0.06% Reduced -600 -600
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,9482.9k $859.9k $859.9k 0.00% Reduced -977 -977
12 SBI Securities Co., Ltd. 0.02% of their portfolio TOKYO, M0 2,3112.3k $675.0k $675.0k 0.02% Added +1.1k +1,100
13 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,9211.9k $561.1k $561.1k 0.00% New
14 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 1,8211.8k $531.9k $531.9k 0.01% Added +393 +393
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,6391.6k $478.8k $478.8k 0.00% Reduced -837 -837
16 Valued Retirements, Inc. 0.41% of their portfolio HOUSTON, TX 1,5551.6k $454.2k $454.2k 0.41% New
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,4611.5k $426.8k $426.8k 0.00% Reduced -989 -989
18 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,4001.4k $408.9k $408.9k 0.00% Unchanged
19 Simmons Bank 0.02% of their portfolio Pine Bluff, AR 1,1951.2k $349.1k $349.1k 0.02% New
20 Variant Private Wealth, LLC 0.36% of their portfolio TYSONS, VA 1,0931.1k $319.2k $319.2k 0.36% New
21 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,0001.0k $292.1k $292.1k 0.00% New
22 HALBERT HARGROVE GLOBAL ADVISORS, LLC 0.01% of their portfolio LONG BEACH, CA 1,0001.0k $292.1k $292.1k 0.01% Unchanged
23 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 940940 $274.6k $274.6k 0.00% Reduced -13.4k -13,402
24 Covestor Ltd 0.04% of their portfolio LONDON, X0 261261 $76.0k $76.0k 0.04% Reduced -458 -458
25 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 200200 $58.4k $58.4k 0.00% New
26 RAMSEY QUANTITATIVE SYSTEMS 0.04% of their portfolio LOUISVILLE, KY 140140 $40.9k $40.9k 0.04% New
27 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 100100 $29.2k $29.2k 0.00% Unchanged
28 PayPay Securities Corp 0.29% of their portfolio TOKYO, M0 4141 $12.0k $12.0k 0.29% Reduced -72 -72
29 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 3131 $8.9k $8.9k 0.00% New
30 MATHER GROUP, LLC. 0.00% of their portfolio CHICAGO, IL 1313 $3.9k $3.9k 0.00% New
31 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 99 $2.6k $2.6k 0.00% New
32 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 44 $1.2k $1.2k 0.00% Reduced -1.1k -1,105